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Search Results 0 to 49 of about 55 (some duplicates have been removed)
deficit. they have to deal with the deficit. but once you're done with the deficit you have to rebuild the middle class in this country and nobody is paying much attention to that. we have a lot of rhetoric in the campaign but-- >> but the necessary done to help the middle class is to nail down the fiscal issues. if we don't nail down the fiscal issues, i don't think anything will matter. >> but i'm with you, i think it will happen because of necessity, because of the fiscal cliff. >> what it will take to rebuild the middle class? >> it's taken three decades to basically decimate the middle class. it will take something like that to rebuild it. but we have to be dedicated to that. we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i thi
be here doing the major things. people want jobs and have to reduce the deficit and avoid the fiscal cliff. this has been the most unproductive session in congress in all the years and decades that i have been a member. we have veterans benefits that will not be increased unless congress acts, we have people waiting for the government to do its job and it is disgraceful that we went home without doing the things that need to be done. we left for the election campaign at the earliest time in memory. the could have stayed here longer and we would call the republicans to bring this back so we can to the nation's business. the republicans have been extremely anti-environmental, hostile to a lot of the women's legislation, they have harmed the middle-class, poll last year and a half has been simply postures and get all the work that is to be done is not addressing these issues. congress should come back in session. we should be working, not taking this time off. i want to call my colleague chris van hollen. >> thank you, henry. there's a will to get things done. we just had the whistle blower p
dollar for it. illinois has three governors in prison and a 15 billion-dollar deficit if they want to pay for it that is their problem. missouri has to be responsible and make the tough decisions to read should be put in the mix of what we do the high-speed rail? it's probably in the mix but i don't think that is before us right now. i want to see with a factor would be. that's my world. i want to see supply and demand. if it's not there we are not in the position to build it and they will come. we are just not there. >> moderator: jim higgins? higgins: okay. i am not a transportation expert, and i don't think that these guys are either. i graduate from school as a civil engineer and i worked five years as a civil engineer but i haven't lately working on computers. why should a bureaucrat decide, which, what mode of transportation is the best? what we have rail or highways it got a central in the beginning. we build all of these highways. we overdid it on the highway. now we have our pollution and gas consumption because some bureaucrat decided that we needed highways. now we are trying t
into recession and cost too many jobs of the other hand would also go a long way to produce budget deficits. even by washington standards that seems pretty important. to discuss the cliff and its consequences of a panel of the four but it did it cover in budget watchers. bob greenstein is on the senate priorities and that of president obama's transition team policy work. douglas holtz-eakin is president of the american action forum and headed the domestic policy staff in the campaign ad was the director of the congressional budget office. donald marron is the director of the tax policy center and member of george bush's advisor and acting director of cbo and finally, digamma rogers blogs as an economist and was the chief economist of the house budget committee for the democratic staff of the house ways and means committee. the format today will be relatively straightforward. each of the panelists will speak for five minutes. i will ask some questions and we will get a discussion going up here and then turn to the audience to give you all a chance to ask questions. we have people watching on c-spa
to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock najs that this is an important opportunity in her debate. people have a tendency to focus on the small things, like the color of a candidate's tie or the dramatic one liners, which is his need to get across the big picture message. he says if he does that, he thinks he can be effective over the course of the next three debates and ultimately win this thing. we heard this morning from governor chris christie of new jersey, i want to play you another clip from new jersey this morning. chris christ >> and so they're going start t
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. you know, let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> he
is to try to turn his weaknesses on the economy and deficit to strengths. by roughing up romney on the idea he will hurt the middle class. >> he says he will cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the sti
wins this presidential election they'll be paying the bill not to reduce the deficit, not to reduce jobs, to give huge tax cuts. >> the idea of the president is not going to tell the truth, this has become the theme inside the romney camp. >> you learned and studied all this about president obama as a debater, what are you looking? >> i think he's going to say a lot of things that aren't accurate. i would be tempted to go back to that line by ronald reagan, there you go again. >> your campaign has gone overboard at times with the rhetoric, are you worried that president obama is going to have a rough night with fact check ners. >> absolutely not. we still believe that this is going to be a close race. the reason, you know, governor romney is having a rough patch here is not because what we're sieg about his plans, it's his plans. look in the mirror. people don't want to go back to the same trickle-down policies in the first recession. also, this 47 .comment, you know, i think the message that e sends to american people, if he has written off half the country, they're not his concern
112 congress and also identify some of the deficits. we are going to do my speaking portion very quickly because it's really interesting is of course a panelist on to say. to mr. for introducing them. on my right is hugh halpern, staff director for the u.s. house of representatives committee and rules. on the committee is served us chief advisor. immediately to my left is jim harper, director of policy studies at the cato institute and also the founder of washington watch.com, which keeps a close eye on legislation and federal funding. jenna sasser to mention washington watch.com at least several times during the course of this presentation. last but not least is john wonderlich, policy director at all about transparency guide. that is his official title. more information about today's panel under chairs and also at transparency cockiest.org. i would like to thank representative issa andrew gray, cochairs of the congressional congress for giving us the space to have >> thanks, daniel. thanks to you and the advisory committee and the sunlight foundation for having me this afternoo
he has remained strong, for instance, on federal spending and dealing with the deficit and debt. they're hitting that in ads. this is something people are genuinely worried about and he can connect to the economy because people in their everyday lives. gregg: juan, as you know unemployment is still above 8%. gdp is a comatose 1.3%. brain-dead on life-support. we have a debt that is crushing of $16 trillion. more americans than ever before, 47 million, are on food stamps. gasoline prices have doubled in the four years that president obama has been in office. i mean, what is he going to say tonight when surely he will be asked about that? >> oh, gregg, i think there is lots of positives to offer. gdp clearly now is far in excess where we were when he took office. if you look at wall street, you look at the nasdaq --. gregg: juan, under reagan it 7% in the reagan recovery. it is 1.3% right now? >> again, what you see is compared to where he took office, gregg. it is much better. economy, if you ask the american consumer right now, they have a much better attitude about where we're going,
's not going to cause bigger deficits tell us how you're going to do it and they won't do it. they won't say we're going to get rit of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little do dads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodge ball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut but i'm not going to tell you how i'm going to do it. can he get away with it with even the mid-12348. >> i hope not. i think this is a moment for jim lehrerer to be very tough, respectful tough, and for president obama to come back at him and to say, look, i'm happy to see -- your running mate said he didn't have enough time on sunday. that's too bad. that's terrible, in fact. i'm willing to cede, governor romney -- >> could jim lehrer get away with simply saying i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now what tax breaks you're going to get rid of. >>
perot interviewed on the economy, the deficit, and debt, and how it has changed since he ran for president in 1992 and 1996. find the article in today's edition of usa today. ross perot tonight at c-span - at 9:00 eastern on c-span. >> we underestimate how much we forget. particularly if we have a fragmentary idea, a fleeting sense of something interesting that then disappears. one of the things i try to do is not just to write everything down but to keep everything together. don't overorganize your notes. don't put them in folders and things like that, because you want to allow collisions to happen between your ideas. the important thing is to go back can be read all your notes, from six years ago and revisit that passed self and all the ideas he or she had. that is what it was like for most of the great minds of the enlightenment. they would put together passages from the books they read that they were inspired by and they would write their own notes and then they would go back and read this book that was a kind of clipping of all these other ideas and their intellectual se
,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. the payroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their practices or to disclose material information to investors." that's according to the complaint. total losses suffered, $22.5 billion in 2006 and 2007. here's the thing we can control. we can control what we're spending and buying this month. it's a new month and every month there are new deals. they're known -- every month is known differently for shoppers. according to deal news.com, here's what to buy and not bu
deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the passion of the ticket? >>guest: i do so many tv interviews, i have done over 100. i am doing them regional, and i'm talking to richmond, dayton, to wisconsin tv, colorado springs, yesterday, and ft. collins. >>neil: are you troubled by the wisconsin poll, and they are just polls, but for -- this is a snapshot of the moment -- but trailing further. >>guest: i don't believe the validity of that poll. here the deal, we are going to give the country a choice. the country deserves to have a choice. the choice we are offering is, do you want the traditional american idea of limited government, economic freedom, opportunity, upward mibility, and a government that live
into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at the president's desk. he has created that climate. he has created the anti-a
the question about how do you keep the code without increasing the deficit. but it's a promising proposal that tax policy exports like because it is achievable. now, if you lump the deductions together and don't fight them one by one and have a cap, that is easier to get done. >> on that 17,000, a, do you think we're going to hear about it tonight? does that include things like charitable deductions, mortgage deductions? how far do you think that goes? >> reporter: yes, it does. >> 17,000 cap across the board. that is meaningful. that would have a huge impact on the real estate market, it would have a huge impact broadly. >> reporter: yes, i believe from what i was reading yesterday, and i haven't gotten a chance to delve into it that $17,000 level was set purposefully because people in the under $200,000 income category generally speaking don't have more than that, right? but it makes it easier to begin taking on deductions as you move up the scale. so i do think it's positive. i would expect him to get asked about it and, you know, if he starts sketching out a little bit how he would re
for decades had a 10, $50 billion deficit because we just spent too much money. >> steve: as big as the deficit is in california, it doesn't even approach what we're heading toward here in the united states of america. >> that is really tough because when you talk about $16 trillion, i mean, this is the last few years come from ten to $16 trillion. that is troubling. then on top of it, you have the deficit, which is like a trillion and a half every year. i mean, we are talking about a lot of money, and on top of it, this country doesn't have a budget for three years, we've been waiting for a budget. there is no budget. how do you operate that way? >> brian: that's a failure for the president, don't you agree? >> everyone in washington it's a failure. if congress cannot get their act together and look at this, if you can not get immigration reform done which they have been talking about ever since i've gotten into office, they've talked about immigration reformment nothing gets done. every year they say, next year is an election coming up. hello? of course there is an election co
't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do something so the economy is
looking good. >> of course the romney campaign points to the rising deficit, accelerated deficit rising under president obama as compared to the george w. bush years. >> dave: from george w. bush and not free from criticism. 4.9 trillion dollar increase in the nation's debt. but here we are three years into the obama presidency talking 5.36 trillion dollar increase in our nation's debt. that's pretty simple to fact check. i'm surprised joe biden continues to bait those fact checkers, with statements like that. that's a pretty-- that's a slam-dunk. >> alisyn: because people don't listen to his speeches with the calculator out and listen with their guts and resonates. they have been saying the same thing for the better part of almost four years so it must be working on the campaign trail with them. >> dave: and doing some hypnotizing before that. stare into the pen. >> alisyn: all right. let's get to your headlines, because, to tell you about right now. there was another insider attack that claimed the life of a soldier and contractor. 2000 american troops killed in afghanistan sense the
is romney talking about the deficits, debt and deficit given that we have the employment crisis and much of the reason is the new look at the states they thought of as a target of violent hampshire this is just an issue that resume sit it is almost a kind of psychic quality that resonates and i think that that is one thing to keep in mind and you have these kind of strands that do not always come here and a way that works for you if you are a candidate so that is wanting to keep in mind. it's interesting to think about when you have this kind of stagnation for the high end but a broad swath of the electorate. what does it mean. one thing it means is this not enrollment in the last two or three years to get medicaid. when bill clinton gave a talk at the democratic national convention to was incredibly shrewd because he didn't talk about medicare they talk about medicare it's a real wedge into the numbers between the two campaigns. a really is medicaid and it's a lot of white working-class folks as well as the underrepresented minority backgrounds as well. so, i think that when you think a
is from higher income households. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be avoided? >> yes. i think it will be avoided. i mean, you know, depends on the election. you know. if governor romney wins it is likely -- would kick the can into next year. leave everything the same for a few months. let -- the new president come into office and get it together. probably in the spring. president obama wins the election, then right after the election, lame duck, the clock will start ticking and he will be under a lot of pressure to do something. let me say one other thing. you know, i think the most likely scenario is that we are actually going to h
figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candidates have strengths and weaknesses. if you
and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creators. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those jobs. >> it is fair to say that the president has reduced taxes. he has reduced taxes for small businesses 18 times. he cut taxes for '95 -- for 95% of families out there. the question is do we ask everybody to sacrifice? when you look at the marginal rate in the united states, when ronald reagan took office, the marginal office with 71% to 72%. it is interesting to me that the greatness that people speak of in terms of the united states, when we talk about the 1940's, the 1950's, the 1960's, 1970's, the marginal rate that folks paid was much greater. nobody says we will go back to that. at the same time, during the clinton years, we had margi
. amazing how they ignore that. that's all they talk about now is the debt and the deficit. >> fdr caused great depression. >> stephanie: all right. steven crowder. a comedian. >> is that who he is? >> stephanie: fox news. >> something i know because i'm a millennial. we tend to vote in our own self-interest. you see in the occupied movement vote for more -- not based on the constitution parameters of government. not based ond founding principles but what the government can give them. >> stephanie: i guess so. >> i think he gave up on telling jokes a long time ago. he figured out he wasn't good at it. >> stephanie: that was a basic untrue statement. >> this ties into voters are too dumb to vote for mitt romney. and b it ties into the whole 49%, this whole notion that anyone who votes for barack obama is looking for a handout. >> stephanie: you're not just stupid. you're not just stupid. you're selfish. >> you're on free stuff. veterans the elderly the handicapped, unemployed. they're looking for free stuff. >>
to be overcome, you have to overcome two different deficits. i understand if you are on the wrong side of that game the other night, you have a bad taste in your mouth right now. stuart: you do think there could be some loss of business for you guys? >> there is some chatter out there, stuart. i have heard the customers, to the counter and say that that call will put them on the sidelines for a wild. now, of course, if you are on the right side of that, you are ready to be an action for the coming week. stuart: [laughter] i guess so. give me the odds that the regular refs will come back very soon. >> they are a 129 favorite to be back. maybe not this sunday, but certainly the next. they will come together. they will meet somewhere in the middle. i do not know if they will make it by this sunday, but by next sunday they will be there. stuart: wynn las vegas, any plans to give the money back if there is another lousy call that changes outcome of the end of the game? >> i have been on the wrong side of a lot of games, two. it all evens out in the wash, stuart. i am sure you have had somet
spending, debt, deficits and make this much more of an idealogical argument, an idealogical case against the president. he is a big government liberal. he expanded government at every turn. he will expand government further in his second term. gregg: want to put one more graphic poll up for you. most voters, 73%, say they're aware of the 47% comment notoriously made by governor mitt romney. but look at this, 63% think he is right when he argues that too many people in america are dependent on the government. you have to add two numbers together. mostly true, 36%. somewhat true, 27%. might that actually help him instead of what the pundits and democrats predicted which was it was was going to hurt him? >> it's hard to say. there is other polling show the 47% comments have hurt him. i think the problem was mitt romney kind of tripped in that argument. he made an argument that had problems with it. there were inaccuracies in the specific charges he was making but i think it is indisputable his broader case is true. i think that is showing up in the polling numbers you just showed. no questi
to spend more money on defense, and you're going to cut the deficit all at the same time, and your answer is, i don't really have time. >> right,. [ laughter ] >> my 9-year-old niece in the fourth grade, she can't tell her teacher, you know, i don't have time to show you the math, trust me, this is the answer. it's not going to work. we want to hear from you 1-866-55-press. we're going to talk a little bit about paul ryan. we're going to talk a little bit about the debates answered we're going to hear a little bit more from mr. ryan as he talks about his -- as you talks about how he can't show us the math and how he has plans, failed plans for medicare cutting taxes and for america, right after this. >> on your radio and on current t.v., this is the bill press show. ♪ unrivaled analysis and commentary. >> you're going to hear that used as a major talking point. (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >>now that's politically direct. >> this is the bill press show live on your radio and current tv. >> good morning i'm jamal
and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going out on the campaign trail saying those bad republicans want to cut medicare. by the way, this isn't about this election. this is about what happens after this election. how does this president -- >> exactly. >> -- after saying to the republicans, i'm going to cut medicare, which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to boehner and go, you know what? i said i'd cut medicare, and then i demagogued it and attacked you guys on the campaign. >> well, in his own words, he said it's bad politics to not draw a distinction. now, there
to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing the budget and approaching resolving the debt crisis. the wars have absolutely little to do with it and it is disturbing. anyone can look at a history book and know that you raise taxes during a time of war. host: byron, cleveland, good morning. caller: known as socialist, george soros, recently contributed to the democratic party campaign. i would like to know if president obama or michelle obama, his wife, have ever been currently members of a communist or socialist party, u.s.a.. thank you. host: ann, democratic line. caller: hello. host: go ahead. caller: i would ask mitt romney why he says he is for the middle-class and when he was governor
can g bk t th t the deficits will get worse and not better. and this is the cycle of decline that europe is facing. >> mark halperin. >> prime minister, i take your point about the medium and longer-term issue. how important from a practical and pshological point of view is it to europe r ica ha alen ahe m to get our fiscal house in order? >> i think it's going to be important that europe and america cooperate to get the world economy moving forward. that's the most important thing. you see, i don'tunderstand, since the rescue of the world economy in 2009, there is rtually cooration beten ama,a, india, europe to get the world economy moving forward. you, america, need to export to the rest of the world. you can't stimulate your economy simply by domestic consumption or public spending or plic investment. you need to sell to the rest of the world. china nee to,ndt needs to sell to europe and america. that's the blasz of a global growth agreement. china concerns more. you probably do a bit more on infrastructure. trade starts to moveforward. people have confidence. and that's
Search Results 0 to 49 of about 55 (some duplicates have been removed)